Our Alliances grow stronger with each passing day… We’d like to proudly announce another one, our Community partnership between StarTerra and Apollo Dao!
Apollo Dao has surpassed more than $200million TVL in 24Hours, an incredible accomplishment and a clear indicator that the Terra Community is expanding to ever greater heights.
For those that are unaware of Apollo Dao, it has gained its notoriety on Terra for its Auto-Compounding Vaults, which is only one of the first products they will launch on their journey to becoming a Cross-Chain Yield Optimization and Automated Treasury Management Platform!
Apollo Dao will become Terra’s first decentralized asset management fund aiming to increase the yield farming experience of both crypto- and non-crypto native users alike.
Its token holders will be a part of a community-driven organization as Apollo is distributing 50% of ALL Apollo tokens to the community over a 3-year Bootstrapping campaign for their Warchest.
The Warchest will simultaneously accrue fundamental value back to the token while its token holders will actively manage the fund through governance.
A portion of their yield generated from various products that will be created will be auto-compounded back into the user’s staked asset while the remaining yield will go towards building out their Warchest
Additionally, 99% of the platform revenue will be used to build out their War-Chest and 1% will be donated to Angel Protocol, friends of ours 😉
As part of their Community Farming event, where a total of 3million Apollo tokens are made available to the Terra Community at $0.25cents, stakers receive Apollo Tokens for staking their LP tokens from various Terra-based Projects…

